Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology Updated On Thu, Jul 6th, 2023 by Saurenergy The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit Updated On Tue, Jun 27th, 2023 by Saurenergy Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […] Read more
Solis Impresses Visitors At Intersolar Europe With Expanded Portfolio Updated On Mon, Jun 26th, 2023 by Saurenergy Ginlong (Solis) Technologies, one of the global leaders in inverter production, successfully showcased its cutting-edge storage and inverter solutions at Intersolar Europe, the world’s leading exhibition for the solar industry, held on 13th-14th June. Solis presented a wide array of products at Intersolar Europe, catering to residential, commercial, industrial (C&I), and utility-scale solar applications. With […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
SKF Signs VPPA with Enel to Power One-Third of its European Operations Updated On Fri, Jun 23rd, 2023 by Saurenergy A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […] Read more
Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park Updated On Wed, Jun 21st, 2023 by Saurenergy Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
Solis Makes its Presence Felt at Intersolar Europe by Unveiling PV Energy Storage Solutions Updated On Mon, Jun 19th, 2023 by Saurenergy On June 14-16, 2023, Intersolar Europe, a global photovoltaic event, was kicked off in Munich, Germany. Solis, a manufacturer of energy storage and photovoltaic inverters, used the platform to showcase a new generation of photovoltaic energy storage solutions on the spot. Here is a list of innovations unveiled by Solis on the occasion- Photovoltaic Energy […] Read more